insert_link Business / Economics 3 October 2024 Morning Biz News: Key Updates from Namibia, South Africa, Zimbabwe, and the UK Namcor's Strategic Update The National Petroleum Corporation of Namibia (Namcor) has provided insights into its ongoing strategic efforts to emerge as a leading energy player in the region. Paulo Coelho, the Manager of Marketing, Communications, and Public Relations, emphasized that the company is concentrating on financial restructuring, improving operational efficiency, and enhancing accountability to elevate its performance. South Africa's Coffee Price Surge In South Africa, inflation has significantly impacted […] todayOctober 3, 2024 18
insert_link South Africa South African Zionist Federation has condemned Iran’s missile attack on Israel The South African Zionist Federation has condemned Iran’s missile attack on Israel, calling it a dangerous escalation. The federation has criticised the South African government for their silence on the issue. The federation's Rolene Marks has urged government to denounce this act of war. She also highlighted Iran's destabilising role in the Middle East and emphasised Israel's right to self-defense: todayOctober 3, 2024 13
insert_link Business / Economics Financial Institutions Supervisory Authority Designates October As Consumer Protection Month The Namibia Financial Institutions Supervisory Authority has designated October as Consumer Protection Month to educate consumers about their financial rights and obligations. This initiative aims to raise awareness of the importance of protecting consumer rights, safeguarding against market misconduct, and ensuring consumers understand their responsibilities when interacting with financial institutions. NAMFISA spokesperson, Victoria Muranda. todayOctober 3, 2024 28
insert_link World UN Security Council calls for restraint in the Middle East The United Nations Security Council members have voiced concern over the escalating tensions in the Middle East. The council convened an emergency session on Wednesday following Iran's missile attack on Israel on Tuesday. Jody Jacobs reports from the United Nations in New York. todayOctober 3, 2024 19
insert_link Business / Economics BIPA Hosts Consultative Meetings to Amend Industrial Property Regulations The Business and Intellectual Property Authority is currently conducting stakeholder consultative meetings aimed at amending the Industrial Property Regulations. These amendments are anticipated to consolidate the fees associated with Industrial Property registration with BIPA.BIPA's Industrial Property Officer Undamuje Uanguta. todayOctober 3, 2024 33
insert_link Business / Economics Food and Allied Workers Union Accuses Kavango Supermarket of Labour Act Violations Jacob Penda, the general secretary of the Namibia Food and Allied Workers Union, has accused the management of Kavango Supermarket and Bottlestore (Kavango OK Foods) of violating the Labour Act. Penda condemned the recent suspension of 103 workers, stating that the management intimidated employees who had participated in a legal strike earlier this year. The suspensions were reportedly linked to their involvement in an unprotected strike. todayOctober 3, 2024 14
insert_link World Doctor pleads guilty in Matthew Perry death case A California doctor has pleaded guilty to conspiring to distribute the drug ketamine in connection to the death of actor Matthew Perry. The "Friends" star was found dead in his hot tub last year after a ketamine overdose. Ira Spitzer has more. todayOctober 3, 2024 18
insert_link South Africa DA in Tshwane is calling for an urgent investigation into suspected sabotage at the Pyramid substation The DA in Tshwane is calling for an urgent investigation into suspected sabotage at the Pyramid substation, where a fire caused serious damage this morning. During an oversight visit, they found broken locks, damaged doors, and vital control panel cables being vandalised. The DA’s Themba Fosi believes this may be financially motivated, as contractors could benefit from the repairs. He demands accountability and transparency in uncovering any possible collusion: todayOctober 3, 2024 18
insert_link South Africa S.A’s President says the government of national unity is fully committed to following through on the reform agenda S.A's President Cyril Ramaphosa says the government of national unity is fully committed to following through on the reform agenda and achieving more rapid and inclusive economic growth. He launched phase two of the government-business partnership in Johannesburg yesterday evening, where he also met with over 80 CEOs. Ramaphosa says through this partnership, they have worked to mobilise the skills, talent, expertise, and goodwill that exist in the country behind […] todayOctober 2, 2024 28